EUROPE STILL STRUGGLING TO CREATE EU-WIDE GAS MARKET – DESPITE LIBERALISATION LEGISLATION

BY ALAN OSBORN

FEW people would challenge the European Commission's assertion earlier this year that, in practice, market integration in the gas market in the European Union (EU) "is still far from a success."

In its report Progress in Creating the Internal Gas and Electricity Market published in April, Brussels said that major barriers to the efficient functioning of the market still existed largely because of "insufficient implementation of European legislation." With very few exceptions, "electricity and gas ...


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